In
ceremonies held 23 April 2001, the Nasdaq Educational Foundation and the
National Council on Economic Education (NCEE) announced that Richard RANKIN,
a high school teacher at the Iolani School in Honolulu, was chosen as the Grand
Winner of this year's Nasdaq National Teaching Awards.

All
winners were honored by more than 250 guests at a black-tie affair to benefit
NCEE at New York's Plaza Hotel.

Rankin's
award winning unit of instruction creatively integrates a thought-provoking
simulation exercise into an advanced placement economics course that he teaches.
It calls upon student teams to engage in role-play, acting as economic advisers
to several U.S. Presidents during different historical periods.

Throughout
the course, the various teams review, synthesize and evaluate the various
economic concepts that formed the basis of U.S. monetary and fiscal policy
during the terms of office of their assigned Presidents.

The
highlight of Mr. Rankin's unit is a "briefing" on economic policy that
students provide to the Presidents they serve.Through this innovative exercise, students gain the added experience of
public speaking and learn firsthand the key elements of an effective
presentation.